Due to persistent high inflation, employees will be able to sock away a lot more money in their health savings accounts (HSAs) next year. Annual HSA contribution limits for 2024 are increasing in one of the biggest jumps in recent years. Due to persistent high inflation, employees will be able to sock away a lot more money in their health savings accounts (HSAs) next year. Annual HSA contribution limits for 2024… https://wwwtest.aatrix.com/news/2023/07/irs-announces-record-high-hsa-hdhp-limits-2024/
Earlier this year, the U.S. Department of Labor’s (DOL) Office of Public Affairs officially responded to whether employers could pay employee wages in cryptocurrencies. The DOL explained that regulations under the Fair Labor Standards Act (FLSA) provide t… What The U.S. Labor Department Said About Paying Wages With Cryptocurrency Earlier this year, the U.S. Department of Labor’s (DOL) Office of Public Affairs officially responded… https://wwwtest.aatrix.com/news/2022/07/new-information-dol-and-irs-regarding-paying-employees-cryptocurrency/
As we work our way through the first quarterly filing period of 2022, most of us hope we don’t get a surprise from the Federal or State agencies we work with in the form of an official notice. If you do happen to get a notice from one of the many agen… As we work our way through the first quarterly filing period of 2022, most of us hope we don’t get a surprise from the Federal or State agencies we work with in the form of an… https://wwwtest.aatrix.com/news/2022/04/aatrix-has-you-covered-what-do-if-you-receive-notice-federal-or-state-agency1/
The IRS proposed regulations amending the rules for filing electronically that reduces the threshold for filing W-2s. The Taxpayer First Act proposes wide-sweeping changes in an effort to modernize the IRS and improve the efficiency of the taxpayer experi… The IRS proposed regulations amending the rules for filing electronically that reduces the threshold for filing W-2s. The Taxpayer First Act proposes wide-sweeping changes in… https://wwwtest.aatrix.com/news/2021/10/irs-rules-lower-w2-electronic-filing-threshold/
Some 36 million American families have received letters from the Internal Revenue Service (IRS) notifying them they are eligible for monthly payments of up to $300 per child by expanding an existing tax credit. These payments, approved as part of the A… Some 36 million American families have received letters from the Internal Revenue Service (IRS) notifying them they are eligible for monthly payments of up to $300 per child… https://wwwtest.aatrix.com/news/2021/07/6-things-you-may-not-know-about-child-tax-credit/